Housing specifically intended for those people living below a specified income level.

Housing units that, by reason of rental levels or amount of other charges, are available to families or individuals whose incomes do not exceed the maximum income limits established for continued occupancy in federally assisted low-rent public housing.

Housing intended to be occupied by low- or moderate-income persons that is eligible for special tax credits under the 1986 tax act.... read full article

Housing that is eligible for special tax credits of up to 9% of their cost (4% in certain situations) under the 1986 tax act - Strict rules must be followed concerning tenant qualification, certification, and project financing.

Housing developed for families with incomes less than 80 percent of the area median income, usually using some type of federal subsidy to make the property financially feasible. Public housing is the most widely known example.